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Ukraine won't secure interim relief in proceedings against Russia - opinion

16:18 08/10/2014

MOSCOW, October 8 (RAPSI) – Ukraine is unlikely to secure interim relief in arbitral proceedings against Russia over gas deliveries, Vsevolod Miller, a lawyer at Moscow-based Yukov and Partners law firm, told RAPSI on Wednesday.

Ukrainian Prime Minister Arseniy Yatsenyuk said earlier that the country was considering asking an arbitral tribunal for interim relief. Notably, Ukraine wants the tribunal to set the temporary gas price and terms of its delivery.

“The tribunal is unlikely to grant interim relief regarding the price for gas because this could compromise the final ruling,” Miller said.

Naftogaz and Gazprom commenced arbitration proceedings against each other under the Stockholm Chamber of Commerce rules in June.

Naftogaz claims that it has been overcharged by the Russian company. Gazprom says that Naftogaz failed to pay $4.5 billion for gas that has already been delivered.

EU energy commissioner Günther H. Oettinger said in August that the tribunal was expected to issue a decision in the dispute in mid-2015.

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Ukraine won't secure interim relief in proceedings against Russia - opinion

16:18 08/10/2014 Ukraine is unlikely to secure interim relief in arbitral proceedings against Russia over gas deliveries, Vsevolod Miller, a lawyer at Moscow-based Yukov and Partners law firm, told RAPSI.
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